Comstock Resources Statistics
Total Valuation
CRK has a market cap or net worth of $3.42 billion. The enterprise value is $6.22 billion.
| Market Cap | 3.42B |
| Enterprise Value | 6.22B |
Important Dates
The next estimated earnings date is Monday, July 29, 2024, after market close.
| Earnings Date | Jul 29, 2024 |
| Ex-Dividend Date | Nov 30, 2023 |
Share Statistics
CRK has 292.20 million shares outstanding. The number of shares has increased by 0.51% in one year.
| Shares Outstanding | 292.20M |
| Shares Change (YoY) | +0.51% |
| Shares Change (QoQ) | +0.35% |
| Owned by Insiders (%) | 68.75% |
| Owned by Institutions (%) | 36.21% |
| Float | 91.48M |
Valuation Ratios
The trailing PE ratio is 53.23 and the forward PE ratio is 38.45. CRK's PEG ratio is -0.04.
| PE Ratio | 53.23 |
| Forward PE | 38.45 |
| PS Ratio | 2.42 |
| Forward PS | 2.15 |
| PB Ratio | 1.40 |
| P/FCF Ratio | n/a |
| PEG Ratio | -0.04 |
Enterprise Valuation
| EV / Earnings | 101.77 |
| EV / Sales | 4.40 |
| EV / EBITDA | 6.97 |
| EV / EBIT | 27.30 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.64, with a Debt / Equity ratio of 1.14.
| Current Ratio | 0.64 |
| Quick Ratio | 0.25 |
| Debt / Equity | 1.14 |
| Debt / EBITDA | 3.14 |
| Debt / FCF | n/a |
| Interest Coverage | 1.26 |
Financial Efficiency
Return on equity (ROE) is 2.60% and return on invested capital (ROIC) is 1.65%.
| Return on Equity (ROE) | 2.60% |
| Return on Assets (ROA) | 1.00% |
| Return on Capital (ROIC) | 1.65% |
| Revenue Per Employee | $5.62M |
| Profits Per Employee | $243,307 |
| Employee Count | 251 |
| Asset Turnover | 0.23 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -12.91M |
| Effective Tax Rate | -26.81% |
Stock Price Statistics
The stock price has increased by +25.64% in the last 52 weeks. The beta is 0.71, so CRK's price volatility has been lower than the market average.
| Beta (1Y) | 0.71 |
| 52-Week Price Change | +25.64% |
| 50-Day Moving Average | 9.97 |
| 200-Day Moving Average | 9.99 |
| Relative Strength Index (RSI) | 70.96 |
| Average Volume (30 Days) | 3,732,431 |
Short Selling Information
The latest short interest is 28.62 million, so 9.80% of the outstanding shares have been sold short.
| Short Interest | 28.62M |
| Short Previous Month | 29.33M |
| Short % of Shares Out | 9.80% |
| Short % of Float | 31.29% |
| Short Ratio (days to cover) | 8.81 |
Income Statement
In the last 12 months, CRK had revenue of $1.41 billion and earned $61.07 million in profits. Earnings per share was $0.22.
| Revenue | 1.41B |
| Gross Profit | 768.19M |
| Operating Income | 68.13M |
| Pretax Income | 47.38M |
| Net Income | 61.07M |
| EBITDA | 892.30M |
| EBIT | 227.69M |
| Earnings Per Share (EPS) | $0.22 |
Balance Sheet
The company has $6.42 million in cash and $2.80 billion in debt, giving a net cash position of -$2.79 billion or -$9.56 per share.
| Cash & Cash Equivalents | 6.42M |
| Total Debt | 2.80B |
| Net Cash | -2.79B |
| Net Cash Per Share | -$9.56 |
| Equity / Book Value | 2.45B |
| Book Value Per Share | 8.37 |
| Working Capital | -197.95M |
Cash Flow
In the last 12 months, operating cash flow was $802.02 million and capital expenditures -$1.36 billion, giving a free cash flow of -$562.42 million.
| Operating Cash Flow | 802.02M |
| Capital Expenditures | -1.36B |
| Free Cash Flow | -562.42M |
| FCF Per Share | -$2.02 |
Margins
Gross margin is 54.43%, with operating and profit margins of 4.83% and 4.33%.
| Gross Margin | 54.43% |
| Operating Margin | 4.83% |
| Pretax Margin | 3.36% |
| Profit Margin | 4.33% |
| EBITDA Margin | 63.23% |
| EBIT Margin | 16.13% |
| FCF Margin | -39.85% |
Dividends & Yields
This stock pays an annual dividend of $0.50, which amounts to a dividend yield of 4.27%.
| Dividend Per Share | $0.50 |
| Dividend Yield | 4.27% |
| Dividend Growth (YoY) | 200.00% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 227.27% |
| Buyback Yield | -0.51% |
| Shareholder Yield | 3.76% |
| Earnings Yield | 1.78% |
| FCF Yield | -16.44% |
Analyst Forecast
The average price target for CRK is $10.10, which is -13.75% lower than the current price. The consensus rating is "Hold".
| Price Target | $10.10 |
| Price Target Difference | -13.75% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on August 1, 2016. It was a reverse split with a ratio of 1:5.
| Last Split Date | Aug 1, 2016 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
CRK has an Altman Z-Score of 1.05 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.05 |
| Piotroski F-Score | 4 |